Thoughtworks Holding Inc
Thoughtworks Holding, Inc. provides technology consultancy services in North America, the Asia Pacific, Europe, and Latin America. The company's consultancy services integrate strategy, design, and software engineering to enable enterprises and technology disruptors to thrive as modern digital businesses. It offers enterprise modernization, platforms, and cloud services, including modernization s… Read more
Thoughtworks Holding Inc (TWKS) - Total Assets
Latest total assets as of September 2024: $1.27 Billion USD
Based on the latest financial reports, Thoughtworks Holding Inc (TWKS) holds total assets worth $1.27 Billion USD as of September 2024.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Thoughtworks Holding Inc - Total Assets Trend (2019–2023)
This chart illustrates how Thoughtworks Holding Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Thoughtworks Holding Inc - Asset Composition Analysis
Current Asset Composition (December 2023)
Thoughtworks Holding Inc's total assets of $1.27 Billion consist of 32.3% current assets and 67.7% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 7.6% |
| Accounts Receivable | $283.09 Million | 21.3% |
| Inventory | $19.69 Million | 1.5% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $387.19 Million | 29.2% |
| Goodwill | $424.56 Million | 32.0% |
Asset Composition Trend (2019–2023)
This chart illustrates how Thoughtworks Holding Inc's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Thoughtworks Holding Inc's current assets represent 32.3% of total assets in 2023, an increase from 25.6% in 2019.
- Cash Position: Cash and equivalents constituted 7.6% of total assets in 2023, up from 5.4% in 2019.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 60.0% of total assets, a decrease from 69.0% in 2019.
- Asset Diversification: The largest asset category is goodwill at 32.0% of total assets.
Thoughtworks Holding Inc Competitors by Total Assets
Key competitors of Thoughtworks Holding Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Shijihengtong Technology Co. Ltd. A
SHE:301428
|
China | CN¥2.48 Billion |
|
ZJBC Information Technology Co Ltd
SHE:000889
|
China | CN¥889.19 Million |
|
Yunnan Nantian Electronics Information Co Ltd
SHE:000948
|
China | CN¥8.21 Billion |
|
NetX Holdings Bhd
KLSE:0020
|
Malaysia | RM111.41 Million |
|
Guomai Technologies Inc
SHE:002093
|
China | CN¥4.63 Billion |
|
Shanghai HiTech Control System
SHE:002184
|
China | CN¥3.19 Billion |
|
SZZT Electronics Co Ltd
SHE:002197
|
China | CN¥5.70 Billion |
|
Talkweb Information System Co Ltd
SHE:002261
|
China | CN¥4.24 Billion |
Thoughtworks Holding Inc - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Strong asset utilization - Thoughtworks Holding Inc generates 0.85x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Thoughtworks Holding Inc is currently not profitable relative to its asset base.
Thoughtworks Holding Inc - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 2.43 | 2.80 | 6.02 |
| Quick Ratio | 2.43 | 2.80 | 6.02 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $222.69 Million | $ 266.19 Million | $ 593.61 Million |
Thoughtworks Holding Inc - Advanced Valuation Insights
This section examines the relationship between Thoughtworks Holding Inc's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 1.98 |
| Latest Market Cap to Assets Ratio | 0.31 |
| Asset Growth Rate (YoY) | -9.2% |
| Total Assets | $1.33 Billion |
| Market Capitalization | $413.51 Million USD |
Valuation Analysis
Below Book Valuation: The market values Thoughtworks Holding Inc's assets below their book value (0.31 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Thoughtworks Holding Inc's assets decreased by 9.2% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Thoughtworks Holding Inc (2019–2023)
The table below shows the annual total assets of Thoughtworks Holding Inc from 2019 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | $1.33 Billion | -9.21% |
| 2022-12-31 | $1.46 Billion | -1.50% |
| 2021-12-31 | $1.48 Billion | +0.61% |
| 2020-12-31 | $1.48 Billion | +43.41% |
| 2019-12-31 | $1.03 Billion | -- |